Spotlight on Metal Manufacturing

Ensuring your clients’ business produces with confidence

Rated A+ by Standard and Poor’s and A by A.M. Best

As the country’s single largest business sector, the manufacturing industry in Canada continues to be a core contributor to the nation’s economy. Comprised of many diverse operations, one of the most prominent segments in the industry is metal manufacturing.

With continuous technological advancements and new environmental regulations, many traditional metal manufacturing businesses are starting to modernize their operations. As businesses within this segment continue to evolve to meet these changing needs, the demand for flexible and tailored insurance solutions is on the rise. 

Metal Manufacturing

Aviva Enterprise™ Metal Manufacturing insurance offers protection for your client’s physical assets, business income, liability exposures and employees. Whether your client produces small parts such as bolts and screws or large components such as structural steel beams, the Aviva  Enterprise™ policy is customizable to meet your client’s unique risk exposures. 

Property

Coverage for buildings (including upgrades), exterior glass and signs, towers, renewable energy equipment, sewers and utilities above and below ground on the premises* and more.

  • business contents (including while away from premises) such as stock, equipment, electronic equipment including laptops on and off premises
  • customers’ goods
  • brands and labels
  • environmental upgrade
  • installation coverage
  • expediting expenses
  • valuable papers and records
  • precious metals or other valuable property
  • privacy breach expenses
  • transportation to cover cargo while in transit, including reefer breakdown

Examples of coverages available to customize your client’s policy to their specific operations include:

  • automobile disablement loss of earnings  
  • moulds, dies and patterns in the custody of others
  • property being worked upon or repaired

Business income

Protection for your client’s business income after a loss until their business returns to normal, including:

  • no dollar limit on loss of business income, extra expenses, or additional time due to by-law compliance
  • contingent business interruption utilities service interruption
  • product impairment in case your product is recalled 
  • and more

Equipment breakdown

Protection for accidents to compressors, heating systems, electrical panels, electronic equipment, mechanical or electrical machines or apparatus including production machinery.

Coverage includes:

  • ammonia contamination
  • brands and labels
  • errors and omissions
  • fluid escape
  • hazardous substances
  • research and development costs
  • computer equipment, data and media on and off premises, and at employee residences
  • environmental upgrade
  • expediting and extra expenses
  • inspection and approval costs
  • stock spoilage
  • loss of income including fines and penalties, internet service, utility service interruptions and restricted access
  • and more

Liability

Coverage to protect your client in case of lawsuits for bodily or mental injury and property damage, personal and advertising injury liability, tenant’s property damage liability and voluntary medical payments.

Other features: 

  • coverage territory is worldwide, provided actions are brought and adjudicated in Canada or the U.S.
  • employers’ liability for Canadian resident employees
  • pollution caused by products and 120-hour pollution coverage
  • property damage due to defective automobile repair or servicing
  • professional services errors and omissions (E&O) coverage for employees in product design or testing
  • product recall expenses
  • product rectification expenses (failure to manufacture to specifications) 
  • defective products (manufacturers’ E&O) 
  • coverage for damage to your work in progress
  • intellectual property rights infringement defence costs
  • non-owned automobile third party liability

Crime

A broad range of coverages, including:

  • employee dishonesty
  • money, securities and other property
  • counterfeit currency and money orders
  • forgery, alteration, credit card and automated teller card
  • electronic fraud and funds-transfer fraud
  • incoming cheque forgery 
  • client or customer property

Add even more protection

  • business and personal liability coverage
  • umbrella coverage provides an extra layer of liability coverage in the event of a catastrophic loss
  • electronic publishing errors and omissions (E&O) liability 
  • employee benefits E&O liability coverage
  • privacy breach E&O liability coverage
  • commercial auto**

*within your property lines, areas under adjoining sidewalks and driveways, and in or on vehicles within 100m

**commercial auto is offered on a separate policy

Metal manufacturing waste

Focus on metal manufacturing

Looking for resources related to topics of interest within the Canadian metal manufacturing industry? Our product, risk management and claims experts have come together to offer their insights and knowledge on current trends, risks and prevention solutions that are easy to share with your clients, prospects and team. Below is a selection of infographics and articles highlighting what’s currently influencing the industry.

Avoid equipment breakdown

How metal manufacturers can avoid equipment breakdowns

PDF version

cdc

5 things you need to know about metal waste management

PDF version

Advancing operational risk management in metal manufacturing

PDF version

cdc

5 most common metal manufacturing insurance claims

PDF version

Managing risk and developing safety protocols for metal manufacturers

PDF version

What kind of insurance coverage do metal manufacturers need?

PDF version

Aviva Business Blog

Running a successful business can be challenging. Your clients can explore our selection of resources to stay informed about industry trends and prevention solutions.

Access blog

Coverage features and benefits

Looking to access Metal Manufacturing insurance coverage information? Visit the Resource section on AvivaPartner.ca for an outline of all coverages and limits.